KING RIVER RESOURCES LIMITED — AGM Information 2007

Nov 28, 2007

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Annual General Meeting 2007

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Location of Speewah Dome
in the Hart Dolerite
Large Igneous Province
Speewah
Dome
2
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Geology of the tenements showing drill holes targeting vanadiferous titanomagnetite, PGE+Au and fluorite and copper mineralisation.

Red dots – 23 Oct ASX Announcement (PGE+Au and Vanadium further assays pending) Black triangles – 30 Oct ASX Announcement (PGE+Au and Vanadium)

Blue dots – Fluorite and coppergold mineralisation (assays pending)

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Greenvale Fault
Zone and Copper
corridor
Vanadium &
PGE+Au Targets
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Fluorite Resource (2km drilled along fault zone)
4
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Results since IPO

Drilling:

• 10,360m of RC Drilling in 79 holes completed

PGE+Au Success:

• Drill holes adjacent to 2006 intersection confirmed 5-7 m thick PGE+Au anomalous zone

• PGE+Au values up to 0.7 g/t in 0.2m layer

• PGE+Au sitting at the top of a higher grade vandiferous titanomagnetite zone averaging 2% V2O5 in concentrates

• Assays pending

Vanadium (All 27 holes significant intersections):

• Discovery Zone (14 holes) 3.5km by 1.6km (between 14-21m thick)

• 0.34% to 0.39% V2O5

• Other holes spread out over 250 km[2] suggest other zones

• Provided a model for targeting PGE+Au

Fluorite:

• Extension of known zones drilled and assays pending

Short term outcomes

PGE+Au:

• PGE results pending assays (before Christmas) from reconnaissance drill holes with in the 250 km[2] Speewah Dome

• Identification of targets for 2008 drilling programme

Vanadium:

• Large area extent of gabbro with potential for extensive vanadium mineralisation

• Identification of infill and new targets for 2008 drilling programme

Fluorite:

• Identified extension to existing resource incorporated into an update on receipt of final assays

• Confirmation of association with Copper

Copper (plus gold):

• Copper assays pending (Post Christmas)

• Targeting a copper system at depth below fluorite

Next Steps 2008

• Extensive Drilling Programme 2008 focused on:

• PGE+Au

• Vanadium

• Copper (plus gold) 4. Fluorite

• Further metallurgical studies to confirm grade, tenor and recoveries of Vanadium

• Targeted PGE+Au program looking for feeder zones

• New Fluorite veins targeted

• Deeper drilling for Copper associated with Fluorite

Capital Structure

• Shares Issued

• Total shares

68.0 M

• Options

• Management and staff

5.0 M

• Market Capitalisation

(at 27 November $1.00)

AUD $68 M

Board of Directors

• Chairperson

• Anthony Barton

  • Capital markets, corporate finance and advisory expertise

• Non-Executive Director

• Keith Liddell

  • 25 years mineral resource and corporate management

• Executive Director

• Richard Wolanski

  • Operational, corporate and management

Major Shareholder

• Mineral Securities Limited (ASX: MXX)

• Seeded development pre IPO

• ASX listed recent merger with Scarborough Minerals - International Mining House

• Track Record of identifying and supporting companies post IPO

• Sally Malay

• CopperCo

• Platmin

• Tianshan Goldfields

• Executive Chairman Keith Liddell

• Metallurgist, ex Aquarius Platinum

• +$350 million market cap

• 44.1% of NiPlats post IPO

Contact Details

Head Office Level 22 Allendale Square 77 St Georges Terrace Perth WA 6000 Postal Address GPO Box 2536 Perth WA 6831 Tel: +61 8 9221 8055 Fax: +61 8 9221 7866 Email: info@niplats.com.au Website: www.niplats.com.au ABN: 67 100 714 181